TrueFi’s August ‘22 Recap: NFT Drop, ETH Warsaw & TrueFi on Blockworks

TrueFi’s top 5 moments for August 2022:

• TrueFi’s NFT drop is more than halfway through! Mint yours today.

• Meet the TrueFi team at ETH Warsaw in September.

• TrueFi’s CIO Bill Wolf gave an incredible performance on Blockworks’ Forward Guidance podcast. Listen on Spotify or watch on YouTube.

• TrueFi’s proposal to relaunch dYdX’s market maker lending program is heating up.

• New on the blog: meet all of TrueFi’s lending products

Read on for all the TrueFi news across governance, fresh content, events and more below:

Huge Growth in our TrueFi x Optimism NFT Campaign

We’re now over halfway through TrueFi’s Truly Optimistic NFT campaign, celebrating our launch on the protocol’s first Layer 2, Optimism - and TrueFi’s community has absolutely exploded since the launch. With more than 35,000 new followers on Twitter, +20,000 new contributors on Discord, and over 12,000 free mints of the NFT to date, we’re heading into the final stretch of the campaign - and we’re so happy to have you with us!

Learn about the campaign and our collaboration with Optimism, then head over to our friends at Project Galaxy to complete your eligibility and mint your free TrueFi x Optimism NFT today.

Join TrueFi in Poland at ETHWarsaw

TrueFi is taking over another city this summer: Warsaw, Poland! We’ve partnered with ETH Warsaw as the main sponsor for the city’s biggest ETH Conference and Hackathon, happening September 1st - 4th. It’s your best bet to meet most of the TrueFi team in one place before 2023.

TrueFi Governance: Recent & Active Motions

There is a lot going on in the TrueFi forum, here’s a quick summary of proposals to vote on:

Establishing the TrueFi Foundation - discussion around next steps towards TrueFi decentralization are taking place in the forum

Incentivize a tfUSDC/USDC liquidity pool - Divert a part of tfBUSD and tfTUSD Farm rewards to a low fee tfUSDC/USDC liquidity pool. 

Cauris Portfolio Manager - Incentives Request - An investment firm that provides private credit to financial technology companies in emerging markets is requesting incentives for their portfolio.

Reduce TRU farming rewards by 30% – TrueFi’s tfUSDC and tfTUSD pools have shrunk considerably in size as of lately. Reducing emissions can give the DAO a longer runway and bring TrueFi closer to sustainability. 

TrueFi Stories: Blockworks, Nasdaq and Gemini

This month’s top feature: TrueFi’s Bill Wolf (CIO) weaved his decades of Wall Street experience with a engrossing vision of how DeFi will encroach on traditional finance with Jack Farley on Blockworks’ Forward Guidance this month. It’s one of our favorite conversations about TrueFi to date, and not just because of Bill’s characteristic Southern accent.

• Podcast: Tapping Into Crypto invited Rafael Cosman (CEO) to discuss stablecoins, and announce our most recent product developments: tranching.

• Podcast: DAO Talks hosted Michael Gasiorek (Marketing) & Michael Bland (Legal) to talk about TrueFi’s path to decentralization and its innovative lending structures.

• Podcast: CoinJournal Podcast interviewer Dan Ashmore asked Rafael what uncollateralized lending is like in a now post-Terra world.

• News: Nasdaq published Rafael’s take on the UST collapse & the hunt for sustainable DeFi yields from real world, on-chain lending.

• Twitter Spaces: Gemini’s Brittany Elise hosted Rafael to discuss all things TrueFi.

• Twitter Spaces: Project Galaxy invited Michael Gasiorek & Matt Kielczewski (Community) to discuss the Truly Optimistic NFT Drop.

New from our blog, Meet TrueFi’s Lending Products, with an introduction to permissionless pools, single borrower pools, automated lines of credit, and portfolios.